Sales of arms and military services by the world’s largest arms-producing and military services companies—the SIPRI Top 100—totalled $374.8 billion in 2016. The total for the SIPRI Top 100 in 2016 is 1.9 per cent higher compared with 2015 and represents an increase of 38 per cent since 2002 (when SIPRI began reporting corporate arms sales). This is the first year of growth in SIPRI Top 100 arms sales after five consecutive years of decline.
Global Arms Industry: First Rise In Arms Sales Since 2010, Says SIPRI
It’s time India Got Real About Its Ties With Russia
There is little indication that Putin views India in sentimental terms, unlike an earlier generation of Russian officials exemplified by former Prime Minister Yevgeny Primakov or the late Russian envoy Alexander Kadakin. India’s high-profile and sustained outreach to Moscow in 2018 is not a reversion to an imagined past.
Between A Old War Ally And An Indo-Pacific Partner: India’s U.S.-Russia Balancing Act
It feels like déjà vu all over again. Reports of an Indian arms deal with Russia. Concerns in the United States about said deal, with threats about punitive measures and warnings about implications for U.S.-India relations. Voices in India insisting that the government go through with the deal and not succumb to American pressure. This is not a Cold War story, but, rather, a summary of the state of play over the last few months.
Saudi Arabia: The World’s Largest Arms Importer From 2014-2018
Saudi Arabia became the world’s largest arms importer from 2014 to 2018, accounting for 12 percent of the imports, an increase of 192 percent over 2009-2013, according to the latest report by the Stockholm International Peace Research Institute (SIPRI). According to data for 2018, the United States continued to supply the bulk of arms to Saudi Arabia, accounting for 88 percent of all arms sold to the country.
Global Military Expenditure Sees Largest Annual Increase In A Decade, Reaching $1917 Billion In 2019
Total global military expenditure rose to $1917 billion in 2019, according to new data from the Stockholm International Peace Research Institute (SIPRI). The total for 2019 represents an increase of 3.6 per cent from 2018 and the largest annual growth in spending since 2010. The five largest spenders in 2019, which accounted for 62 per cent of expenditure, were the United States, China, India, Russia and Saudi Arabia. This is the first time that two Asian states have featured among the top three military spenders.
To Fight China, India Needs To Forget Russia
Despite Moscow’s seeming willingness to keep supplying weaponry at short notice—as demonstrated during Singh’s recent visit—New Delhi needs to come to terms with changed global realities at multiple levels. The old Indo-Russian arms transfer nexus is a relic of the past.
The UAE Is Turning Into The World Capital For Weapons Makers
The UAE has not released data on its defense budget since 2014, but back then it already outspent the United States in per capita terms, according to the Stockholm International Peace Research Institute. Most of that money goes to buying the flashiest items on the market. But if a sale is not approved, the UAE is not at much of a loss; a growing portion of its budget is going toward developing its own technologies.
Read Here | Foreign Policy
International Arms Transfers Level Off After Years Of Sharp Growth, Says SIPRI
International transfers of major arms stayed at the same level between 2011–15 and 2016–20. Substantial increases in transfers by three of the top five arms exporters—the USA, France and Germany—were largely offset by declining Russian and Chinese arms exports. Middle Eastern arms imports grew by 25 per cent in the period, driven chiefly by Saudi Arabia (+61 per cent).
Read Here | SIPRI
China Leads Asia In Military Self-Sufficiency, Report Says
China has the highest level of self-sufficiency in weapons production in the Indo-Pacific region, with second-placed Japan not even close, according to a research report released this month. Read More Here
The Enduring Russian Impediment To U.S.-Indian Relations
The United States cannot replace India’s entire inventory of Russian-origin equipment. However, it can provide India with capabilities distinct from those that Moscow provides, based on New Delhi’s emerging and future needs. The United States should therefore become a necessary partner for India while avoiding concerns about interoperability or security. Read More Here